Funding arb · Price arb /

LIT

all LIT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0069%/8h= +7.6% APRpaid last 24h +0.040%

Price spread now: GMX against SunX+0.118%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on SunX Short on GMX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and GMX is 0.118% dearer against SunX than usual: you sell high and buy low: +$12 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX LIT-USDT	4.6847	0.0100	pay 0.0050% / 4h	1h 19m	$4K	$1.2M	20x
Short	GMX LIT/USD [ETH-USDC]	4.6902	L +0.0374% / S −0.0169%	get 0.0021% / 1h	19m 49s	$62K	—	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against SunX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee SunXbpFee GMXbpOrdersPrice spread, now +0.118%Rate

Funding earned: $14.49
Price spread: +0.118% → 0.000%: $11.82
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee GMX: 6 bp × 2 orders: −$12
Net: $6.31
Costs to cover: 0.200%
Break-even: 4.0 days

Slippage unknown: SunX: live order book, 4 min ago; GMX: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy SunX live order book, 4 min ago	500.07 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell GMX no order-book sample	—	—	—	—	—

GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

LIT on 42 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate LIT_USDT	−0.1304%	4h	4.6890	+0.092%	$2.8M	$4.5M	50x	as long as short
Deribit LIT_USDC-PERPETUAL	−0.0921%	1h	4.6821	−0.056%	$41K	$40K	10x	as long as short
Backpack LIT_USDC_PERP	−0.0841%	1h	4.6850	+0.006%	$658K	$1.4M	5x	as long as short
Orderly PERP_LIT_USDC	−0.0625%	4h	4.6780	−0.143%	$32K	$2K	10x	as long as short
01 Exchange LITUSD	−0.0576%	1h	4.6813	−0.073%	$33K	$4K	5x	as long as short
Phemex LITUSDT	−0.0523%	4h	4.6840	−0.015%	$1.3M	$2.7M	20x	as long as short
OKX LIT-USDT-SWAP	−0.0469%	4h	4.6879	+0.068%	$25.3M	$62.1M	50x	as long as short
Bullet LIT-USD	−0.0330%	1h	4.6844	−0.006%	$84K	$81K	20x	as long as short
Bybit LITUSDT	−0.0307%	4h	4.6890	+0.092%	$42.3M	$30.2M	75x	as long as short
KuCoin LITUSDTM	−0.0284%	4h	4.6892	+0.096%	$5.2M	$1.1M	30x	as long as short

Show all 42 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps LITUSD	−0.0217%	1h	4.6981	+0.286%	$10K	$202K	10x	as long as short
GRVT LIT_USDT_Perp	−0.0162%	4h	4.7040	+0.412%	$899K	$1.8M	10x	as long as short
Coinbase International LIT-PERP-INTX	−0.0152%	1h	4.7197	+0.747%	$668K	$398K	50x	as long as short
RISEx LIT/USDC	−0.0082%	1h	4.6915	+0.144%	$783K	$2.1M	5x	as long as short
Nado LIT-PERP	−0.0041%	1h	4.6866	+0.039%	$2.1M	$1.7M	10x	as long as short
Phoenix LIT	−0.0034%	1h	4.7054	+0.442%	$243K	$327K	5x	as long as short
Paradex LIT-USD-PERP	−0.0005%	8h	4.6835	−0.025%	$7K	$2K	5x	as long as short
dYdX LIT-USD	0.0000%	1h	4.6923	+0.163%	$34K	—	5x	as long as short
gTrade (Gains Network) LIT/USD	L +0.0003% / S −0.0003%	1h	4.6915	+0.145%	$35K	—	150x	as long as short
Injective LIT/USDC PERP	+0.0033%	1h	4.8040	+2.547%	$422	$178K	5.5x	as long as short
Binance LITUSDT	+0.0055%	4h	4.6864	+0.036%	$74.4M	$80.9M	75x	as long as short
edgeX LITUSDC	+0.0056%	4h	4.7028	+0.385%	$286K	$310K	10x	as long as short
MEXC LIT_USDT	+0.0056%	4h	4.6842	−0.011%	$5.5M	$4.2M	100x	as long as short
Aevo LIT-PERP	+0.0072%	1h	4.6821	−0.055%	$146K	$44K	3x	as long as short
Lighter LIT	+0.0096%	1h	4.6903	+0.120%	$59.1M	$29.8M	5x	as long as short
Hyperliquid LIT	+0.0100%	1h	4.6920	+0.156%	$209.5M	$44.3M	5x	as long as short
Aster LITUSDT	+0.0100%	4h	4.6901	+0.115%	$12.6M	$2.4M	50x	as long as short
Pacifica LIT	+0.0100%	1h	4.6920	+0.156%	$577K	$1.8M	10x	as long as short
Arcus LIT-USD	+0.0100%	1h	4.6884	+0.079%	$117K	$450K	5x	as long as short
Bulk LIT-USD	+0.0100%	1h	4.6888	+0.088%	$117K	$5K	10x	as long as short
Bitget LITUSDT	+0.0100%	4h	4.6870	+0.049%	$6.7M	$2.7M	20x	as long as short
ApeX Omni LITUSDT	+0.0100%	1h	4.7050	+0.433%	$55K	$77K	50x	as long as short
Polymarket Perps LIT-USD	+0.0100%	1h	4.6870	+0.049%	$443K	$105K	10x	as long as short
Derive LIT-PERP	+0.0100%	1h	4.6867	+0.043%	$2K	$729	6.7x	as long as short
SunX LIT-USDTlong	+0.0100%	4h	4.6847	long leg	$4K	$1.2M	20x
SoDEX LIT-USD	+0.0100%	1h	4.6855	+0.017%	$987	$464K	5x	as long as short
HTX LIT-USDT	+0.0100%	4h	4.6976	+0.275%	$188K	$329K	30x	as long as short
Extended LIT-USD	+0.0104%	1h	4.6856	+0.020%	$5.2M	$5.1M	25x	as long as short
Lighter RH LIT	+0.0224%	1h	4.6927	+0.171%	$3.7M	$13.8M	5x	as long as short
BloFin LIT-USDT	+0.0228%	4h	4.6867	+0.043%	$1.5M	$2.0M	75x	as long as short
Perpl LIT	+0.0335%	43m	4.6906	+0.126%	$31K	$839K	33x	as long as short
GMX LIT/USD [ETH-USDC]short	L +0.0374% / S −0.0169%	1h	4.6902	+0.118%	$62K	—	50x